The Europe super absorbent polymer market was valued at US$ 1,672.75 million in 2022 and is expected to reach US$ 2,629.55 million by 2030; it is estimated to register a CAGR of 5.8% from 2022 to 2030.
Increasing Adoption of Super Absorbent Polymers in the Healthcare Sector Drives Europe Super Absorbent Polymer Market
Super absorbent polymers are used in wound dressings to manage exudate. Their high absorbency helps maintain a moist wound environment, promoting healing and preventing infections. It is also used in surgical products such as disposable underpads and absorbent surgical drapes. These aid in managing fluids during medical procedures, contributing to a cleaner and sterile surgical environment. In the healthcare setting, super absorbent polymers are utilized in various hygiene products such as bed pads and hospital underpads. This helps in managing bodily fluids and maintaining cleanliness in medical facilities. Super absorbent polymers are integrated into advanced wound dressings, which create a gel-like consistency to protect the wound and aid the healing process. Super absorbent polymers are lightweight and comfortable, making them ideal for incorporation into medical textiles and dressings. The adoption of super absorbent polymer in the healthcare sector is attributed to its versatility, performance, benefits, and ability to address critical needs in various applications of the medical sector. It is used as a bandage for diabetic foot ulcers, pressure ulcers, leg venous and arterial ulcers, first and second-degree burns, post-operative wounds, and traumatic wounds. As per the National Pressure Ulcer Advisory Panel, the incidence of pressure ulcers ranges from 0.4-38% in hospitals, from 2.2-23.9% in skilled nursing facilities, and from 0-17% for home health agencies. Thus, the rising adoption of super absorbent polymers in the healthcare sector drives the super absorbent polymer market.
Europe Super Absorbent Polymer Market Overview
According to a report by the United Nations Population Fund in 2022, the share of the aged population is anticipated to reach 30% of the total population in Europe by 2050. The aging and geriatric population is most likely to suffer from incontinence and require adult diapers to manage incontinence. Further, adult diapers are widely used in hospice and palliative care settings to ensure the comfort of patients with limited mobility due to their medical conditions. Individuals with several medical conditions, such as mobility impairment or cognitive disorders, require adult diapers to manage incontinence. According to research by the European Association of Urology in 2023, incontinence is reported to become a major health problem in Europe, resulting in total accumulated economic burden of more than US$ 350 billion in 2030. The report also revealed that nearly 55-60 million Europeans suffer from continence health problems.
The increasing demand for wound care dressing and incontinence products is propelling the growth of super absorbent polymer market. The emphasis on sustainable and eco-friendly solutions has spurred innovation in the super absorbent polymer market. The rising research in bio-based super absorbent polymer aligns with Europe's commitment to environmental sustainability and promoting a circular economy. Therefore, rising incontinence issues and growing emphasis on the development of bio-based super absorbent polymers are expected to create lucrative opportunities for market growth.
Europe Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
Europe Super Absorbent Polymer Market Segmentation
The Europe super absorbent polymer market is segmented into type, category, application, and country.
Based on type, the Europe super absorbent polymer market is categorized into polyacrylic acid, polyacrylamide, sodium polyacrylate, potassium polyacrylate, polysaccharides, and others. The sodium polyacrylate segment held the largest market share in 2022.
In terms of category, the Europe super absorbent polymer market is bifurcated into synthetic and biobased. The synthetic segment held a larger market share in 2022.
By application, the Europe super absorbent polymer market is segmented into personal care, agriculture, healthcare, building & construction, and others. The personal care segment held the largest market share in 2022.
Based on country, the Europe super absorbent polymer market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The Rest of Europe dominated the Europe super absorbent polymer market share in 2022.
LG Chem, Ltd.; BASF SE, Sumitomo Seika Chemicals Co., Ltd.; Nippon Shokubai Co., Ltd.; Evonik Industries AG; Chase Corp; Songwon Industrial Co Ltd; and Satellite Chemical Co., Ltd. are among the leading companies operating in the Europe super absorbent polymer market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 1,672.75 Million |
| Market Size by 2030 | US$ 2,629.55 Million |
| CAGR (2022 - 2030) | 5.8% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2030 |
| Segments Covered |
By Type
|
|
Regions and Countries Covered
|
|
| Europe | UK, Germany, France, Russia, Italy, Rest of Europe |
| Market leaders and key company profiles |
|
1. LG Chem, Ltd.
2. BASF SE
3. Sumitomo Seika Chemicals Co., Ltd.
4. Nippon Shokubai Co., Ltd.
5. Evonik Industries AG
6. Chase Corp
7. Songwon Industrial Co Ltd
8. Satellite Chemical Co., Ltd.
The Europe Super Absorbent Polymer Market is valued at US$ 1,672.75 Million in 2022, it is projected to reach US$ 2,629.55 Million by 2030.
As per our report Europe Super Absorbent Polymer Market, the market size is valued at US$ 1,672.75 Million in 2022, projecting it to reach US$ 2,629.55 Million by 2030. This translates to a CAGR of approximately 5.8% during the forecast period.
The Europe Super Absorbent Polymer Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Super Absorbent Polymer Market report:
The Europe Super Absorbent Polymer Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Super Absorbent Polymer Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Super Absorbent Polymer Market value chain can benefit from the information contained in a comprehensive market report.
Please tell us your area of interest
(Market Segments/ Regions and Countries/ Companies)
E 1803, Panchshil Towers,
Wagholi, Haveli,
Pune - 412207,
Maharashtra, India
US:+1 646 791 7070
sales@businessmarketinsights.com
Get Free Sample For Europe Super Absorbent Polymer Market
